To date, 159 of the 195 companies in our Retail/Restaurant Index have reported their EPS results for Q4 2024, representing 82% of the index. Of those companies that have reported their quarterly results, 74% announced profits that beat analysts’ expectations, while 7% delivered on-target results and 19% reported earnings that fell below estimates. The Q4 2024 blended earnings growth estimate now stands at 14.6%. The blended revenue growth estimate for the 159 companies in this index is 4.1% for Q4 2024. Of those companies that have reported their quarterly results so far, 70% announced revenue that exceeded analysts’ expectations and

To date, 115 of the 196 companies in our Retail/Restaurant Index have reported their EPS results for Q4 2024, representing 59% of the index. Of those companies that have reported their quarterly results, 72% announced profits that beat analysts’ expectations, while 8% delivered on-target results and 20% reported earnings that fell below estimates. The Q4 2024 blended earnings growth estimate now stands at 13.9%. The blended revenue growth estimate for the 196 companies in this index is 3.9% for Q4 2024. Of those companies that have reported their quarterly results so far, 72% announced revenue that exceeded analysts’ expectations and

The LSEG U.S. Retail and Restaurant Q4 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a 13.0% growth over last year’s levels. Our metrics show that six of 10 consumer-related industries have turned negative. (Exhibit 1) Of the 195 retailers tracked by LSEG, the Broadline Retail sector is headed for the highest earnings growth rate in the fourth quarter, recording a 71.0% surge over last year’s level. The second-strongest sector is Hotels, Restaurants & Leisure with a 6.2% growth estimate. Consumer Confidence improved towards the end of the fourth quarter,

To date, 151 of the 194 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2024, representing 78% of the index. Of those companies that have reported their quarterly results, 63% announced profits that beat analysts’ expectations, while 5% delivered on-target results and 32% reported earnings that fell below estimates. The Q3 2024 blended earnings growth estimate now stands at 7.3%. The blended revenue growth estimate for the 194 companies in this index is 3.7% for Q3 2024. Of those companies that have reported their quarterly results so far, 54% announced revenue that exceeded analysts’ expectations and

To date, 143 of the 194 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2024, representing 74% of the index. Of those companies that have reported their quarterly results, 62% announced profits that beat analysts’ expectations, while 5% delivered on-target results and 33% reported earnings that fell below estimates. The Q3 2024 blended earnings growth estimate now stands at 7.1%. The blended revenue growth estimate for the 194 companies in this index is 3.6% for Q3 2024. Of those companies that have reported their quarterly results so far, 53% announced revenue that exceeded analysts’ expectations and

To date, 135 of the 194 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2024, representing 70% of the index. Of those companies that have reported their quarterly results, 62% announced profits that beat analysts’ expectations, while 5% delivered on-target results and 33% reported earnings that fell below estimates. The Q3 2024 blended earnings growth estimate now stands at 7.1%. The blended revenue growth estimate for the 194 companies in this index is 3.6% for Q3 2024. Of those companies that have reported their quarterly results so far, 53% announced revenue that exceeded analysts’ expectations and

To date, 187 of the 199 companies in our Retail/Restaurant Index have reported their EPS results for Q2 2024, representing 94% of the index. Of those companies that have reported their quarterly results, 71% announced profits that beat analysts’ expectations, while 5% delivered on-target results and 24% reported earnings that fell below estimates. The Q2 2024 blended earnings growth estimate now stands at 14.3%. The blended revenue growth estimate for the 199 companies in this index is 3.6% for Q2 2024. Of those companies that have reported their quarterly results so far, 51% announced revenue that exceeded analysts’ expectations and

To date, 149 of the 199 companies in our Retail/Restaurant Index have reported their EPS results for Q2 2024, representing 75% of the index. Of those companies that have reported their quarterly results, 71% announced profits that beat analysts’ expectations, while 4% delivered on-target results and 25% reported earnings that fell below estimates. The Q2 2024 blended earnings growth estimate now stands at 13.2%. The blended revenue growth estimate for the 199 companies in this index is 3.6% for Q2 2024. Of those companies that have reported their quarterly results so far, 50% announced revenue that exceeded analysts’ expectations and

Amazon Prime Week is back again, and every year retailers ride the coattails of Prime Week with their own sales.  Inflation is still affecting retailers — during the last earnings season, 73% mentioned inflation during their earnings calls. Most retailers also agree that consumers are waiting for promotional events in order to shop, as they are cautious and are trading down. Therefore, during this Prime Week, it is very likely that retailers are betting that heavy promotions will entice shoppers to open up their wallets, especially since consumers have become value oriented. Amazon will offer its deals primarily online and

The LSEG U.S. Retail and Restaurant Q4 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a 33.7% growth over last year’s levels. However, much of this growth is coming from just two categories and our metrics show that six of 10 consumer-related industries have turned negative (Exhibit 1). Of the 204 retailers tracked by LSEG, the Broadline Retail sector is headed for the highest earnings growth rate in the fourth quarter, recording a 753.3% surge over last year’s level. The second strongest sector is the Restaurants & Leisure group with

Historically, Cyber Monday falls on the Monday after the Black Friday weekend. Cyber Monday discounts tend to be an extension of Black Friday deals for shoppers returning to the office after a holiday weekend, eyeing merchandise online. Like Black Friday this year, Cyber Monday deals are starting earlier in the hopes that shoppers will respond over the weekend. This comes at the heels of third-quarter earnings releases where retailers are providing cautious guidance and are warning of a price-sensitive consumer. So, will the promotions be enough to entice shoppers to open their wallets? LSEG holiday sales forecast Spending for the

To date, 153 of the 205 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2023, representing 75% of the index. Of those companies that have reported their quarterly results, 68% announced profits that beat analysts’ expectations, while 5% delivered on-target results and 27% reported earnings that fell below estimates. The Q3 2023 blended earnings growth estimate now stands at 26.9%. The blended revenue growth estimate for the 205 companies in this index is 4.2% for Q3 2023. Of those companies that have reported their quarterly results so far, 59% announced revenue that exceeded analysts’ expectations and